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that means the government expands without improving the one thing that works. so you are feeding obese fat man called the government who still isn't doing any good. what they are doing is blackmailing us. president obama is blackmailing saying if you don't do this, if you don't raise taxes on 2%, this is what will happen. >> eric: can i take issue with that? what if we don't go off the fiscal cliff? we are about sequestration later and do the game with the tax hike and spending cuts. we have the same thing? $20 trillion in the hole in four years, 25 trillion in nine years. nothing will change. this place is bankrupt. >> greg: president obama is obsessed with the 2%. like the crazy stalker breaking in david letterman's help. he hates the rich. it is not going to end. in two years we come back and deal with this. >> eric: why don't you want to go off the fiscal cliff? >> bob: a lot of people will get hurt. i don't care if the 2% will get hurt. >> greg: you hate rich people. >> bob: i don't hate them. they're all right. they give money to philharmonic. >> greg: wi
that means the government expands without improving the one thing that works. so you are feeding obese fat man called the government who still isn't doing any good. what they are doing is blackmailing us. president obama is blackmailing saying if you don't do this, if you don't raise taxes on 2%, this is what will happen. >> eric: can i take issue with that? what if we don't go off the fiscal cliff? we are about sequestration later and do the game with the tax hike and spending cuts. we...
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>> in an ideal world for what he views as the role in government and his second term in legacy building, i think he wanted a grand bargain -- >> i think he does, too, so he can move on to the progressive stuff he wants to do. >> second terms don't last four years. >> right, right. >> no second term in the modern era has lasted four years. >> i know. >> it ends somewhere before two years. >> then you move into foreign policy. >> very quickly, chuck is right. if they get the tax rate increase on the wealthy, they declare victory and move on. we can argue debate that -- >> you're both educating me tonight. it's about taxes. the president can win this one before christmas. thank you, chuck todd and chris cillizza. >>> up next, the story no one is talking about at notre dame. some people are charging cover-up. this is going to be a hot one and not very pleasant for me. this is "hardball," the place for politics. >>> they're still counting votes from the election, and every day president obama's lead grows. according to david wasserman who is tracking the vote count, president obama has 50.96
>> in an ideal world for what he views as the role in government and his second term in legacy building, i think he wanted a grand bargain -- >> i think he does, too, so he can move on to the progressive stuff he wants to do. >> second terms don't last four years. >> right, right. >> no second term in the modern era has lasted four years. >> i know. >> it ends somewhere before two years. >> then you move into foreign policy. >> very quickly,...
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now the government has to do it. i don't think the aclu doing anything else to help this young man. >> bob: you don't think it's a big cross over the line? >> dana: i don't care. when the aclu ends the charlie brown christmas excursion from 7-year-olds. this is what they spend their time doing. i think they should butt out in this case. threat guy go to church to see if it helps him. >> greg: i have to disagree with dan ab. >> dana: outrageous monster. >> greg: this is silly and unconstitutional. the judge is grand standing or incompetent. it trillizes the case. they should send the kid to jail and send the judge to law school. he probably wants a tv show. ever since judge judy every judge wants their own show. looking for an agent. >> eric: okay with the rest of it? bracelet, victim -- take part in victim impact panels? >> bob: those are not as severe. >> andrea: this is a clear violation of the first amendment. he can't do this. i'm going say something i don't think i've said before. i agree with the aclu. he can't
now the government has to do it. i don't think the aclu doing anything else to help this young man. >> bob: you don't think it's a big cross over the line? >> dana: i don't care. when the aclu ends the charlie brown christmas excursion from 7-year-olds. this is what they spend their time doing. i think they should butt out in this case. threat guy go to church to see if it helps him. >> greg: i have to disagree with dan ab. >> dana: outrageous monster. >> greg:...
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a clashes of pro and anti-government mobs. president morsi is promising to meet with opposition leaders but won't give up his absolute power over the government. he is also refusing to cancel next week's vote on a new constitution. president obama spoke with morsi yesterday via phone, calling the violence unacceptable. >>> and back here at home, we get a new snapshot of the economy this morning, when the government releases its jobs report for the month of november. it's believed that several factors combined seriously hampered last month's hiring. among them, concerns about the looming fiscal cliff. and other factors, as well. abc's tahman bradley has that story from washington. >> reporter: the fiscal cliff is still three weeks away. but the economy may have already taken a hit. economists predict the government's monthly jobs report, due out later this morning, will show that employers added fewer than 100,000 workers in november. superstorm sandy may be part of the reason job creation slowed. but worry over the fiscal clif
a clashes of pro and anti-government mobs. president morsi is promising to meet with opposition leaders but won't give up his absolute power over the government. he is also refusing to cancel next week's vote on a new constitution. president obama spoke with morsi yesterday via phone, calling the violence unacceptable. >>> and back here at home, we get a new snapshot of the economy this morning, when the government releases its jobs report for the month of november. it's believed that...
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. ♪ >>> syria's government under scrutiny tonight as the world awaits the a sad's next move. as we told you last night, nbc news is reporting that syria's actually loading chemical weapons in to bombs. cnn has not confirmed the nbc report. all of this comes amid a string of opposition victories. recently they took control of key oil fields, saw advances in aleppo and reports suggest they surround the capital of damascus. an opposition spokesman told cnn they started what they believe to be the end battle of this war. if the intelligence on the chemical weapons, though, is true, the latest advances by the opposition seem to add incentives to the syrian government to use them. assad regime claims the reports are being used to justify an international invasion. after more than 20 months of fighting and more than 40,000 civilian deaths, the civil war appears to be at a crossroads. tonight i spoke to a syrian opposition activist. the reporting that the assad regime might be preparing to use chemical weapons are -- are people there aware of the possibility and if so what's been the
. ♪ >>> syria's government under scrutiny tonight as the world awaits the a sad's next move. as we told you last night, nbc news is reporting that syria's actually loading chemical weapons in to bombs. cnn has not confirmed the nbc report. all of this comes amid a string of opposition victories. recently they took control of key oil fields, saw advances in aleppo and reports suggest they surround the capital of damascus. an opposition spokesman told cnn they started what they believe...
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christie is seeking $83 billion in extra disaster aid from the government. he's making the plea on behalf of his home state of new jersey, as well as for new york and connecticut. christie met with president obama at the white house first, then with house speaker john boehner at the capital. at a senate hearing thursday, senator charles schumer of new york presented his case for rebuilding the storm zone. "new york has no choice, we have to adapt. new york and new jersey are a waterfront region in the path of violent new weather realities." president obama meanwhile is seeking $50 billion from congress for emergency aid for 11 states with storm damage. the improving housing market is turning into a wealth builder for americans. according to the federal reserve, financial wealth in american households grew to $64 trillion, up $1.7 trillion during the 3rd quarter. here's how that happened: the value of real estate rose $300 billion, while stocks climbed $520 billion. economists have said an increase in wealth translates into consumer spending. the report from
christie is seeking $83 billion in extra disaster aid from the government. he's making the plea on behalf of his home state of new jersey, as well as for new york and connecticut. christie met with president obama at the white house first, then with house speaker john boehner at the capital. at a senate hearing thursday, senator charles schumer of new york presented his case for rebuilding the storm zone. "new york has no choice, we have to adapt. new york and new jersey are a waterfront...
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government can take. i think this is -- this does present some serious challenges for the federal government. i think that's the reason why you have yet to hear what the department of justice is going to do. obviously, i -- my understanding is that under the regulatory scheme there in washington state, they have a year to put in place a regulation with respect to licensing and taxing of these kinds of sales and i think that what the department of justice is doing is evaluating what is the best way, what's the best course of action moving poured. >> i'm so interested to hear you say, you know, as a conservative, who -- who appreciates state rights, i just -- would like you to weigh in on whether you think that the federal government should get involved and perhaps trump the rights of those states in what those voters have enacted. as a conservative who believes in state rights but perhaps says the conservative who may not appreciate the legalization of marijuana, what do you think should happen? >> well, f
government can take. i think this is -- this does present some serious challenges for the federal government. i think that's the reason why you have yet to hear what the department of justice is going to do. obviously, i -- my understanding is that under the regulatory scheme there in washington state, they have a year to put in place a regulation with respect to licensing and taxing of these kinds of sales and i think that what the department of justice is doing is evaluating what is the best...
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it's to have the federal government recognize her legal marriage. >> right. >> vis-a-vis the internal revenue service. because when her partner of 42 years died, she owed $363,000 in federal estate taxes that she would not have to pay if her spouse had been a man. >> and that's a great point because she was legally married in canada, lived in a state that marriage equality is legal. so we're not asking in this case for them to affirm the marriage. it's just for them to affirm where she is legally married that the federal government has to respect that, rich around. >> yes, that's true. but i think that the big picture we want to emphasize today is that we are at the beginning of the end of this struggle perhaps. >> right. >> and that these cases are perhaps among the most historic that any of these justices will ever decide because they are defining right before our very eyes what it means to be an american, what rights do you have as an american and as you so eloquently said at the introduction to this segment, this is what we are about. in june we are going to hear from the supreme
it's to have the federal government recognize her legal marriage. >> right. >> vis-a-vis the internal revenue service. because when her partner of 42 years died, she owed $363,000 in federal estate taxes that she would not have to pay if her spouse had been a man. >> and that's a great point because she was legally married in canada, lived in a state that marriage equality is legal. so we're not asking in this case for them to affirm the marriage. it's just for them to affirm...
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it is important to note no fund governmenting is behind it. >> this is a totally private sector effort to start-up america partners. the jobs act passed by partisan support and the need for bipartisan support around high-skilled immigration in particularpy half of the people coming to our universities for advanced degrees, ph.ds and masters are from other countries but all too often once we give them degrees we kick them out of the country and force them back to their country and they start companies there that compete with companies here. that's a big focus in washington and hopefully there will be broad bisupport when the congress reassembles in jn after they get through the whole fiscal cliff issue and focus on making sure we have the right entrepreneur policies so we can remain the world's most trurl nation. that's what will drive economic growth up from 2%, driving unemployment down from 8% or so. that will ensure our competitiveness in what's now a more competitive world. we have to double down on entrepreneurs. it is the secret sauce that's built the american economy. >> what ab
it is important to note no fund governmenting is behind it. >> this is a totally private sector effort to start-up america partners. the jobs act passed by partisan support and the need for bipartisan support around high-skilled immigration in particularpy half of the people coming to our universities for advanced degrees, ph.ds and masters are from other countries but all too often once we give them degrees we kick them out of the country and force them back to their country and they...
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needs to be done are to some degree separate things but i do know that we have had a lot of programs, government-funded program that is represent both sides of the aisle. both sides want everything they want and found a way with this congress over the last several years to get much of what they want and we bought it on credit. and the time has come, because we have enormous debt and raise taxes and pay the bill. >> my gut feeling is, i think the argument of the moment, see the republicans pushed in to this impossible situation for them to win where two thirds of americans in the polls are quite happy for the rich 2% to be taxed more and the republicans boxed themselves in to a position come january 1st they might be allowing all the middle class taxable to try to save the skins of americans. that won't wash with the public, is it? >> i don't think it's washing with the public. i think we need a more realistic definition of what wealth is. there are people who have jobs, both parents are working, they're putting the kids through schools, they don't have faith in the public schools in the community they'
needs to be done are to some degree separate things but i do know that we have had a lot of programs, government-funded program that is represent both sides of the aisle. both sides want everything they want and found a way with this congress over the last several years to get much of what they want and we bought it on credit. and the time has come, because we have enormous debt and raise taxes and pay the bill. >> my gut feeling is, i think the argument of the moment, see the republicans...
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if you were in support of more government you got a positive score. if you were in support of less government you got a negative score, which seems completely contrary for what you would expect for republicans. >> that's certainly one line we've heard. you guys that lost your positions were too conservative or too tea party but others are saying because you guys went out of your way not only to vote against leadership but seemed like you were trying to embarrass them at times. what do you say about that? >> that's totally ridiculous. this is not a conservative versus liberal thing. there are people like me in congress who are out there, representing the vast majority of americans who want us to balance our budget. it's not a matter of who is willing to work with democrats or republicans. for example, i have a balanced budget amendment to the constitution that has 14 democratic co-sponsors. it's one of the most popular bipartisan budget proposals out there. it's not about who will work with democrats or who will work with republicans who are who is too
if you were in support of more government you got a positive score. if you were in support of less government you got a negative score, which seems completely contrary for what you would expect for republicans. >> that's certainly one line we've heard. you guys that lost your positions were too conservative or too tea party but others are saying because you guys went out of your way not only to vote against leadership but seemed like you were trying to embarrass them at times. what do you...
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or who are working for the massive government apparatus. during this christmas season we all should emulate officer deprimo. that help may be futile. if the federal government doesn't wise up and impose some discipline on the incredible, incredible entitlement spending, america's economy will eventually collapse: president obama needs to invite jeffrey hillman to the white house. he needs to talk to the man with no shoes. he needs to see what is actually happening in this country. got to get real about government spending. and that's the memo. now for the top story tonight and this is incredible. the pennsylvania department of public welfare says that a single mother with two children is better off taking a job that pays $29,000 a year than a job that pays $69,000 a year. why? because of entitlements. joining us now from our new york studio fox business anchor lou dobbs. so, lou, explain, this please. >> well, bill, first i think we have got to give great credit as you mention to the department of public welfare in pennsylvania they are bei
or who are working for the massive government apparatus. during this christmas season we all should emulate officer deprimo. that help may be futile. if the federal government doesn't wise up and impose some discipline on the incredible, incredible entitlement spending, america's economy will eventually collapse: president obama needs to invite jeffrey hillman to the white house. he needs to talk to the man with no shoes. he needs to see what is actually happening in this country. got to get...
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i'm a federal government employee. therefore, that of course as us and something we hope they take care of sooner rather than later. >> reporter: the national christmas tree is surrounded by smaller ones representing every state. >> i'm just worried that it will increase taxes on like normal american citizens. >> reporter: the maryland tree is loaded with ornaments. one woman visiting from baltimore says she is concerned about cuts in program. >> especially for social security and medicare. my mom is about that age so that is one of my main concerns right now. >> reporter: a federal worker from north carolina has another concern. >> we've been watching it. we were just over at the capitol and they didn't have the flags up so they're in the in session. i made a comment, they had into to be in session working this thing out. >> reporter: the president and republicans in congress still have 25 days to reach a deal. the wish of many here this holiday season. on the ellipse, bob barnard, fox 5 news. >>> sunday's big battle
i'm a federal government employee. therefore, that of course as us and something we hope they take care of sooner rather than later. >> reporter: the national christmas tree is surrounded by smaller ones representing every state. >> i'm just worried that it will increase taxes on like normal american citizens. >> reporter: the maryland tree is loaded with ornaments. one woman visiting from baltimore says she is concerned about cuts in program. >> especially for social...
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the county is looking for more than $1 billion from the government. county officials don't expect to get that total amount but hope to get something to alleviate some of those traffic problem. >>> a metro bus driver is upped investigation after this video popped up online. check it out. it appears to show the driver holding and possibly reading a newspaper behind the wheel. the rider, who posted the video on the blog unsuck d.c. metro says it happened on the d-2 route during the morning rush last monday. they say the driver has the paper in his hands during a long stretch of the route, both while stopped and while driving. riders we showed this video to were outraged. >> you're reading newspaper. you're putting yourself in danger. you're putting your passengers at danger. >> it's a safety violation. come on, metro. do your job. check into your drivers and figure out what's going on. >> it is difficult to tell from the video if the driver was read lli ing the paper or just holding it. either way, aaa says it is distracted driving, and it puts the drive
the county is looking for more than $1 billion from the government. county officials don't expect to get that total amount but hope to get something to alleviate some of those traffic problem. >>> a metro bus driver is upped investigation after this video popped up online. check it out. it appears to show the driver holding and possibly reading a newspaper behind the wheel. the rider, who posted the video on the blog unsuck d.c. metro says it happened on the d-2 route during the...
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government. federal government sent them a notice. 25 were compliant. the other 25 were toast. >> the justice department of this week. that's right. >> the day that both measures kicked in, in washington state and colorado the justice department said we wanted to remind everybody the illegal substance under federal law. we have no choice but to enforce the law and it's also to congress to change the law. were they bluffing? >> this is like al smith, the governor of new york said federal government, this is your prohibition. you try to enforce it. in america today, bill 99% of all marijuana arrests are at the local and state government level. federal government only arizona big mrarpz. entails they are not going to be knocking door to door and sniffing or anything? >> no. let alone the idea they are going to interfere. back in 2010 when that lost boy 3 percentage points, the idea the federal government was going to interfere with the sacramento state government. >> these are the first two states i
government. federal government sent them a notice. 25 were compliant. the other 25 were toast. >> the justice department of this week. that's right. >> the day that both measures kicked in, in washington state and colorado the justice department said we wanted to remind everybody the illegal substance under federal law. we have no choice but to enforce the law and it's also to congress to change the law. were they bluffing? >> this is like al smith, the governor of new york...
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government now can stop this kind of job growth. a fiscal cliff go over -- >> snatching victory from the jaws. >> a superstorm. nothing can stop the generation of jobs in this economy. >> there's a great article today in one of the papers about how apartment building, we have a shortage of apartments and shortage of housing and shortage of autos and shortage of office buildings developing, shortage of shopping centers, shortage of shopping malls. this is what begins a movement. you have to hire eventually. now you could say people are not looking for work, come on. look, jobs are here. they can -- it can be just easily reversed if you have no idea what is the future because of washington. >> given the data points that we've had in terms of claims numbers that did reflect an impact from sandy, they said 85,000 jobs or 86,000 jobs were sliced because of impact of sandy. average hours worked unchanged. doesn't that -- i don't know -- doesn't that bring into question a little bit the participation in the survey. how can it have no impac
government now can stop this kind of job growth. a fiscal cliff go over -- >> snatching victory from the jaws. >> a superstorm. nothing can stop the generation of jobs in this economy. >> there's a great article today in one of the papers about how apartment building, we have a shortage of apartments and shortage of housing and shortage of autos and shortage of office buildings developing, shortage of shopping centers, shortage of shopping malls. this is what begins a...
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, the central government would deliver resources to the north again with a government out in the lead and with the donors supporting. unfortunately, the pace of that was too slow and not very effective. another point moving forward i think is that we do need to concentrate on decentralization and making a connection between the government services and the individual what the community level. >> to build further on the comments about the resource base within the mali clearly there are difficult choices for the government there that are involved in the guns versus butter types of decisions, and every sourcing for the armed forces was insufficient relatively speaking to dhaka building a threat that they now face in aqim. i think in support to the military, the provided training and equipping for both many years now, but in a relatively modest quantities, and i don't think that level of resources and that is commensurate with the threat peter thinks the other lesson learned for us is to look beyond the tactical level of training that's provided by the department of defense to consider wha
, the central government would deliver resources to the north again with a government out in the lead and with the donors supporting. unfortunately, the pace of that was too slow and not very effective. another point moving forward i think is that we do need to concentrate on decentralization and making a connection between the government services and the individual what the community level. >> to build further on the comments about the resource base within the mali clearly there are...
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chemical weapons is true, these latest advances by the opposition seem to add incentives to the syrian government to use them. the assad regime denies having chemical weapons and claims the reports are being used to justify an international invasion. after more than 20 months of fighting and more than 40,000 civilian deaths, syria's civil war appears to be at a cross roads. the fear of sarin gas is very real tonight. what are people there facing if the assad regime does use what they have or believe to have. i spoke with cnn contributor, former cia officer bob baer and dr. sanjay gupta. we talked about this last night, but explain again what one warhead filled with sarin could do. >> one of these shells and the standard shell the syrians put this in is a 122 millimeter shell, a standard artillery piece. if they were to drop this into a dense area, into damascus or a suburb of homs, it doesn't matter which town, it will instantly kill 18,000 within the first few minutes. >> from one shell? >> one single shell would immediately kill 18,000 people. you know, this is a liquid. it's dispersed. it stic
chemical weapons is true, these latest advances by the opposition seem to add incentives to the syrian government to use them. the assad regime denies having chemical weapons and claims the reports are being used to justify an international invasion. after more than 20 months of fighting and more than 40,000 civilian deaths, syria's civil war appears to be at a cross roads. the fear of sarin gas is very real tonight. what are people there facing if the assad regime does use what they have or...
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a year into it the government realized there was a wartime manpower shortage. and when the military was opened up. thousands of young japanese americans went to fight for this country. they were put into a segregated unit and fought on the bloody battlefields in europe. and came back the most decorated and exercised something that was very important. they did it for their family certainly, but for the greater good because they loved america. they sacrificed themselves and many many perished on those fields and that is the kind of situation we are faced with now and those republicans can't seem to get it. they are so bull headedly when theed to their philosophy. we need to raise taxes to meet the crisis. and they would rather plunge down that cliff and plunge us into another economic catastrophe because the sequester is going to cancel the military contracts that we have and that means unemployment for many many years ahead. and all it takes is everybody rallying together and sacrificing a tiny bit. during what we enjoyed during the clinton jeers. lots of jobs b
a year into it the government realized there was a wartime manpower shortage. and when the military was opened up. thousands of young japanese americans went to fight for this country. they were put into a segregated unit and fought on the bloody battlefields in europe. and came back the most decorated and exercised something that was very important. they did it for their family certainly, but for the greater good because they loved america. they sacrificed themselves and many many perished on...
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but the new french government promised that its tax the rich policies would help the economy. why are we in the usa imitating failure? did you know that california and new york and hawaii are also poised to hit their richest people with a greater than 50% tax rate? isn't that great? emulate france. here now is jim pethokoukis of the american enterprise institute. jim, i thought we wanted to emulate success, not furl. >> i thought so, too. listen, the president wants to run an experiment and see how high we can crank up tax rates in this country without it hurting economic growth. they're already running it in europe, in france, in great britain. the entire european experiment here has been one of tax hike austerity. even though they focus on the spending cuts, you're talking about a high tax area raising taxes even higher. we're trying to to do the same thing here. >> least the brits have the humility to acknowledge their mistake. they took the rate from 40% 050%. millionaires left the island. now they're coming back and dropping it to 45%. at least the brits have some humilit
but the new french government promised that its tax the rich policies would help the economy. why are we in the usa imitating failure? did you know that california and new york and hawaii are also poised to hit their richest people with a greater than 50% tax rate? isn't that great? emulate france. here now is jim pethokoukis of the american enterprise institute. jim, i thought we wanted to emulate success, not furl. >> i thought so, too. listen, the president wants to run an experiment...
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. >> right to work is about lessening worker's voice in government and the workplace. >> if it's not about economic development, is it more of a political action against the progressive movement? >> i absolutely thingk it is. we have seen all kinds of voter suppression, suppression of democratic rights. this is another example. the wealthy -- this is really driven by wealthy forces in michigan that you know well, the debos. family others dick debos, and they want the wealthy to get more and more and the workers to get less and less to try to push us down to third-world level on wages and benefits. it's outrage ooze. it shows the tremendous -- actually we did him 10 days of really fruitful discussions about how to change the dynamics in michigan, how to change the climate, with the governor with the head of the senate the head of the house. then the right-wing pressure came down and the governor n my view caved to that pressure. >> but i heard that one of the entities also funding this in addition to the bill yon air, dick devos is bill i don't believeair koch brothers with americans
. >> right to work is about lessening worker's voice in government and the workplace. >> if it's not about economic development, is it more of a political action against the progressive movement? >> i absolutely thingk it is. we have seen all kinds of voter suppression, suppression of democratic rights. this is another example. the wealthy -- this is really driven by wealthy forces in michigan that you know well, the debos. family others dick debos, and they want the wealthy...
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instead, leaving the implementation up to the federal government. christie says the federal government failed to provide the answers he needed to make a fiscally sound decision. the move came after christie met with the president at the white house to discuss federal disaster relief. the state health insurance exchange is a key component to the obama care. it allows millions of middle class households as well as small businesses to shop for private insurance. states must decide by next friday if they want to set up their own exchange. they will -- they were allowed more time to mull over the decision after many republican governors delayed action. perhaps expecting a different outcome to the presidential election. new jersey is just the latest state with a republican governor to on the for the federal government to step in and create the exchange. let's turn to former vermont governor howard dean and former chairman of the dnc and contributor to cnbc. governor dean, good to have you with us tonight. i think you know this whole story well. these repu
instead, leaving the implementation up to the federal government. christie says the federal government failed to provide the answers he needed to make a fiscally sound decision. the move came after christie met with the president at the white house to discuss federal disaster relief. the state health insurance exchange is a key component to the obama care. it allows millions of middle class households as well as small businesses to shop for private insurance. states must decide by next friday...
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Dec 7, 2012
12/12
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WTTG
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keep in mind the government releases its november jobs report friday. meantime another round of car recalls, this time bmw. the german automaker pulling back roughly 35,000 of its x5 suvs, the problem? a bolt in the steering system can break causing loss of power steering and how would you like to pitch a business idea to billionaire investor warren buffett? now you can, but you got to be a kid. students age 7 through 16 can submit ideas through an online contest. four kids and two teams will be flown to omaha to present their ideas to the oracle omaha next may. talk about a whopper of a deal, burger king's signature sandwich turning 55 years old and starting today if you buy one, you can get a second one for 50 five cents, the deal running right -- 55 cents, the deal running right through the weekend. i'm running out out of here. that's business. i'm neil cavuto. >> this fox 5 stock market report is brought to you by your lexus dealer. live life heroically. music's, ready ! share the harmony... she'll be here soon
keep in mind the government releases its november jobs report friday. meantime another round of car recalls, this time bmw. the german automaker pulling back roughly 35,000 of its x5 suvs, the problem? a bolt in the steering system can break causing loss of power steering and how would you like to pitch a business idea to billionaire investor warren buffett? now you can, but you got to be a kid. students age 7 through 16 can submit ideas through an online contest. four kids and two teams will...
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Dec 7, 2012
12/12
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government spending is above what it was before the recession. business investment, that area is what continues to lag. in your view, do you think raising taxes on the two marginal rates as well as capital gains dividends, does that encourage more business investment in the economy? >> the threat of those increases is a very big negative. mr. brady, one of the things economists use when they teach graduate classes is something called the handbook of public economics. you had to study that, too, mark. i know i did. one of the later editions, there is a chapter on how taxes effect business spending. we go into a very gory detail about how negative this can be. if the dividend tax is going to go up, a lot of firms would be hurt significantly by that. they would be paring back their capital spending in anticipation of higher taxes in the future. businesses will look to the future when they decide what they're going to do. they are not investing. you see it's in the investment data. it is why this recovery has been so slow. businesses have a lot of ca
government spending is above what it was before the recession. business investment, that area is what continues to lag. in your view, do you think raising taxes on the two marginal rates as well as capital gains dividends, does that encourage more business investment in the economy? >> the threat of those increases is a very big negative. mr. brady, one of the things economists use when they teach graduate classes is something called the handbook of public economics. you had to study...